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New Horizons

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Consumer lending marketplace connecting borrowers with FCA-approved loan providers.

Overview

New Horizons functions as a consumer lending marketplace that connects individual borrowers with a network of over 50 lenders approved by the Financial Conduct Authority (FCA) in the UK. The platform employs artificial intelligence and machine learning to align borrowers' financial needs and credit profiles with appropriate loan products, which include personal loans and credit lines. This method aims to streamline the loan application process, enabling consumers to compare rates and terms. New Horizons emphasizes customer confidentiality and security, offering instant decisions on loan applications through soft credit matching technology. The platform is designed to assist individuals in finding competitive financing options.

Key facts

Founded
2017

Business model

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About New Horizons

What does New Horizons do?

New Horizons functions as a consumer lending marketplace that connects individual borrowers with a network of over 50 lenders approved by the Financial Conduct Authority (FCA) in the UK.

Where is New Horizons headquartered?

New Horizons is headquartered in London, United Kingdom.

When was New Horizons founded?

New Horizons was founded in 2017.

Which sector is New Horizons in?

New Horizons operates in Digital Lending, part of Financial Technology.

Who are New Horizons's competitors?

Companies similar to New Horizons include Loansmart, Express Finance Loans, and City Finance.